DOW futures is up and it is early yet but the indication of a bounce can not be under estimated.
I personally have gone long on the INDEX and will continue to build long position on the Index provided market confirms it
Looking at our market with 10% correction in place, then a possibility of a rebound in the market is bigger than a rebound in AMP.
I don't know the answer to your question on AMP but believe the rebound in our market is real and 3 to 4% rebound is possible but forget 10% at this time.
Market can rebound and yet sellers can continue to short AMP.....then the fear and panic will do the rest.
News: AMP AMP To Sell Wealth Protection And Mature Businesses, page-19
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Last
$1.10 |
Change
-0.015(1.35%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $10.08M | 9.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 361347 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 99874 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |